On Thursday, Steve Dickson, the head of the Federal Aviation Administration (FAA) said, he is confident that aviation safety concerns surrounding 5G C-Band deployment will be addressed “safely with minimal disruptions”. Dickson is slated to tell a House of Representatives… Read More ›
transportation
China’s auto sector stumbles by 3% in May, outlook remains cautiously positive for full year
For the first time in 14 months, vehicles sales in China fell by 3% in May 2021, compared to the same period a year earlier, according to industry data released on Friday. Data from China Association of Automobile Manufacturers (CAAM)… Read More ›
Saudi Arabia along with its 3 Arab allies restore diplomatic and commercial ties with Qatar
In a significant development, Saudi Arabia’s foreign minister said, it would restore full diplomatic ties with Qatar. Saudi Arabia and its three Arab allies have agreed to restore full diplomatic ties with Doha at a summit in the kingdom, said… Read More ›
Positive cash flow expected by spring: CEO of Delta Air Lines
In a memo, Delta Air Lines CEO Ed Bastian said stated, he continues to expect the company to achieve a positive cash flow by the coming spring. In a note to employees, Bastian said Delta Air Lines will likely “experience… Read More ›
UK trucks could start rolling into France today: British Housing minister Robert Jenrick
On Wednesday, during an interview with Sky News television, British Housing minister Robert Jenrick stated he hoped trucks would begin rolling into France following Paris lifting its ban on freight coming from Britain following the outbreak of a new strain… Read More ›
China leverages COVID-19 – only major economy to recover from pandemic, auto sales surge
On Friday, China’s industry body stated, vehicles sales in the country is set to touch 25 million units in 2020. The development underscores the interesting phenomena in the world’s biggest vehicle market where the auto industry has recovered from the… Read More ›
Japan’s ruling aims to incentivize green investments
With Japanese Prime Minister Yoshihide Suga strategically placing carbon neutrality at the centre of the country’s economic recovery plan, the country’s ruling party has called for extending tax breaks on low-emission vehicles as well as incentivize green investments, showed a… Read More ›
Norwegian Air will run out of cash in early 2021: CEO Jacob Schram
While reporting its third quarter results, Norwegian Air, which likes its peers has been ravaged by the coronavirus-induced COVID-19 pandemic which has brought the global travel industry to a standstill, said it is likely to run out of cash in… Read More ›
Flydubai eyes direct flights between Dubai & Tel Aviv from Nov. 26
On Wednesday, in a statement United Arab Emirates airline flydubai stated, it will soon start two direct fights between Dubai and Tel Aviv. The development comes in the wake of the UAE establishing historically important formal ties with Israel, including… Read More ›
Delta Air Lines reaches preliminary deal with pilot union to avoid furloughs
Late on Thursday, Delta Air Lines Inc said, it has reached a preliminary cost-cutting deal with the union that represents its pilots with the deal aiming to prevent furloughs until January 1, 2022. Delta MEC, a unit of the Air Line… Read More ›